Compared to regular accountants, they tend to be more highly qualified and experienced – they are usually a member of a professional body. They specialise in offering advice and providing services for more complex needs and usually charge a higher fee for their services, so it is important to consider if your needs are complex or specialised enough to require their skill set.
Their in-depth expertise allow them to advise on specific financial matters, such as corporate finance or forensic accounting which other accountants may not be able to due to their lack of specialised experience in a particular field.
In order to gain the official accreditation, an accountant would have to undertake a series of exams as well as complete 3-5 years of work experience.
Knowing how to take control of your business finances to maximise profits can be difficult, especially with the current climate. Knowing the common mistakes to avoid can be difficult and can leave you feeling unsure.